Industry News

Insurance Journal

Budde Promoted to Eastern Regions CFO at AssuredPartners

Apr 20, 2018 AssuredPartners Inc. has promoted Gerald Budde to Eastern Regions chief financial officer. He is based in Cincinnati, Ohio. Budde will report to newly appointed Eastern...

Safeco Appoints Pooley as VP, General Manager of Southeast Region

Apr 20, 2018 Safeco Insurance has appointed Debra Pooley as vice president and vice president and general manager of the Southeast Region. Pooley replaces Carl Canales who...

How to Make Implants, Pacemakers and Other Medical Devices Safer

Apr 20, 2018 U.S. health officials on Tuesday proposed steps to improve the government’s system for overseeing medical devices, which has been criticized for years for...

Data Breach Victims Get Second Chance Against Barnes & Noble

Apr 20, 2018 A federal appeals court revived a lawsuit seeking to hold Barnes & Noble Inc. responsible for customer losses from a 2012 data breach, where fraudsters...

Best's Reviews

W.R. Berkley Names BerkleyNet President as EVP

Apr 19, 2018 W.R. Berkley Corp. has appointed James Gilbert as an executive vice president and named Brian Douglas as his successor as president of BerkleyNet Underwriters. In...

Wisconsin Applies for ACA Waiver to Create $200 Million Health Reinsurance Program

Apr 19, 2018 Wisconsin insurance regulators have requested an Affordable Care Act state innovation waiver to create a state health reinsurance...

RLI Operations Chief: Competition Keeps Pressure on Commercial Lines

Apr 19, 2018 Competition is keeping pressure on commercial insurance markets, which, according to RLI Corp.’s chief operating officer, have not yet entered...

BB&T President: Insurance Pricing Rises 2% in First Quarter on Property, Reinsurance Rate Hikes

Apr 19, 2018 Industry pricing increased about 2% in the first quarter as property and reinsurance rates edged up, according...

Business Insurance

Mich. contractor cited for exposing workers to trench cave-ins, other hazards

Apr 19, 2018 U.S. workplace safety regulators have cited a Michigan excavation...

Nebraska contractor cited for excavation collapse hazards

Apr 19, 2018 U.S. workplace safety regulators have cited a Nebraska contractor for failing to protect...

Accounting class actions up, but settlement sizes plummet

Apr 19, 2018 Accounting class action suits filed in 2017 reached record highs, driven by a record...

Claims Journal

Nationwide Switching to Independent Agency Distribution Model by 2020

Apr 19, 2018 Independent agents take note – Nationwide may be on your side. Nationwide on Monday announced its intention to shift to an independent agency distribution...

Police Cars Twice as Likely to Crash While Responding to Emergencies

Apr 19, 2018 A new study from the University of Iowa shows the importance of drivers pulling over for police cars en route to emergencies. The study from the UI College of...

New York Workers’ Comp Board Proposes Improvements in Care for Injured Workers

Apr 19, 2018 The New York State Workers’ Compensation Board has proposed improvements in medical care for injured workers. Its proposal includes an increase in...

Woman Hurt on Ohio Fair Ride Gets $1.8M From Ride Owner, Others

Apr 19, 2018 A woman who suffered a traumatic brain injury in a thrill ride accident at last year’s Ohio State Fair will receive $1.8 million. A judge this week approved...

Property Casualty 360

Tackling the U.S. flood insurance challenge

Feb 28, 2018 Flood risk is one of the most severe natural hazards in the United States, yet one of the least well-managed. Nearly all the risk is borne by one...

A monumental disaster

Feb 28, 2018 If insurers stopped taking statements — and written, signed ones are better than recorded — they will spend more defending lawsuits than they would settling owed claims.

Around the P&C insurance industry: Feb. 28, 2018

Feb 28, 2018 News from Ryan Specialty Group LLC, J.S. Held, RIMS and more.